Latest finance news – Page 271
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NewsFootasylum's owners consider selling stake
The owners of specialist retailer Footasylum are considering selling a stake in the business.
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NewsBrighthouse eyed by hedge funds in debt for equity deal
US hedge funds are aiming to take control of rent-to-own specialist Brighthouse as the retailer labours under the weight of its debt.
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NewsEvans Cycles profits punctured despite sales rise
Evans Cycles posted a slump in its preliminary profits, which new boss Andy King attributed to ongoing adverse market conditions.
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NewsSuperdrug stablemate Savers posts spike in profits
Superdrug stablemate Savers has posted a jump in profits and sales, buoyed by new store openings and strong like-for-like growth.
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NewsDunelm like-for-likes drop despite fourth quarter boost
Dunelm has suffered a decline in like-for-like sales across its full year despite a trading boost during its fourth quarter.
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NewsAgenda: Marks & Spencer, Burberry, Eve and Asos update
Retail Week looks ahead to the next seven days, with updates from Marks & Spencer, Eve and Asos on the agenda.
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NewsHolland & Barrett sales up but investment hits profits
Holland & Barrett posted a fall in profits in preliminary results, as the retailer ploughed investment into its multichannel proposition.
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NewsPeople moves: Koray Gul joins Jones Bootmaker
Koray Gul has been given the sizeable task of turning around the struggling Jones Bootmaker chain, rescued from the brink of collapse earlier this year.
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NewsBreakfast briefing: Holland & Barrett and eBay
Retail news round-up: L1 Retail set to receive £800m loan from banks for Holland & Barrett takeover and eBay will launch a price-match guarantee programme.
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NewsToday in retail: Is Amazon Ocado's white knight?
As Ocado seeks out international grocery partners to which it can license its Smart Platform, it may have found an unlikely catalyst for deals.
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NewsOcado's Steiner shrugs off Amazon Whole Foods deal
Ocado boss Tim Steiner has downplayed the impact of Amazon’s Whole Foods acquisition − and insisted it will help the etailer to sell its technology.
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NewsBooker posts sales rise in first quarter
Booker generated a like-for-like sales rise of 4.2% in its first quarter as its strategy paid off.
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NewsTopps Tiles records sales fall amid weak trading conditions
Topps Tiles’ like-for-like sales slid 4.7% in its third quarter as the trading environment toughened.
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NewsOcado profits fall after investment in distribution centre
Ocado has posted a decline in first-half profits after investing in a new fulfilment centre.
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NewsBreakfast briefing: UK shop prices and Rapha
Retail news round-up: UK shop prices decline and TPG and Advent show interest in Rapha.
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NewsSainsbury's numbers look tasty, but is Nisa a no go?
Argos was the jewel in Sainsbury’s crown during the Christmas period, raising questions as to the health of its core food division.
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NewsSainsbury’s keeps lid on key food prices amid inflation
Prices of many staple items at Sainsbury’s remain cheaper than they were three years ago, despite greater food price inflation.
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Tesco to compensate shareholders for accounting scandal
Tesco has unveiled plans to offer financial compensation for its 2014 accounting scandal to around 10,000 of its shareholders.
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NewsSuperdrug profits and sales soar in “strong year”
Superdrug reported a leap in preliminary pre-tax profits and like-for-like sales as the retailer’s store expansion and cosmetics offer bolstered growth.
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NewsBreakfast briefing: Tesco, Travis Perkins and more
Retail news round-up: Tesco to compensate shareholders; Travis Perkins launches tech investment programme; and surge in Irish grocery market.